Novelis signs 100% Renewable Energy Contract for Its German Rolling and Recycling Plants



Novelis has signed a long-term, green Power Purchase Agreement (PPA) to feed approximately 16% of its electricity needs at its German production sites with 100% renewable energies, as part of its commitment toward carbon neutral production.

ZURICH, Feb. 19, 2024 /PRNewswire/ — Novelis Inc., a leading sustainable aluminum solutions provider and a world leader in aluminum rolling and recycling, is proud to announce that it has signed a green PPA with Statkraft, Europe’s largest producer of renewable energy. The PPA will cover the extensive part of up to 40% of the electricity used at two major Novelis manufacturing plants in Germany, Nachterstedt Recycling and Nachterstedt Rolling, which corresponds to around 16% of the company’s total German electricity consumption.

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